
Patrick Industries Inc
NASDAQ:PATK

Patrick Industries Inc
Operating Income
Patrick Industries Inc
Operating Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Patrick Industries Inc
NASDAQ:PATK
|
Operating Income
$258m
|
CAGR 3-Years
-10%
|
CAGR 5-Years
11%
|
CAGR 10-Years
17%
|
|
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Lear Corp
NYSE:LEA
|
Operating Income
$1B
|
CAGR 3-Years
6%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
1%
|
|
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Modine Manufacturing Co
NYSE:MOD
|
Operating Income
$287.2m
|
CAGR 3-Years
55%
|
CAGR 5-Years
34%
|
CAGR 10-Years
14%
|
|
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Dorman Products Inc
NASDAQ:DORM
|
Operating Income
$292.9m
|
CAGR 3-Years
20%
|
CAGR 5-Years
23%
|
CAGR 10-Years
8%
|
|
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Gentex Corp
NASDAQ:GNTX
|
Operating Income
$468.6m
|
CAGR 3-Years
5%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
2%
|
|
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Borgwarner Inc
NYSE:BWA
|
Operating Income
$1.3B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
1%
|
CAGR 10-Years
2%
|
Patrick Industries Inc
Glance View
Patrick Industries Inc., with origins rooted in the heart of the Midwest, is a testament to the enduring spirit of American manufacturing and distribution. Founded in 1959, the company has meticulously fashioned its niche in the lifestyle materials sector, largely serving the RV, marine, manufactured housing, and industrial markets. Picture a spider weaving an intricate web; Patrick Industries has broadened its reach through a combination of organic growth and strategic acquisitions, creating a robust interconnected network of brands and products. This network allows the company to supply essential components—from decorative vinyl and hardwood products to furniture and lighting solutions—that transform the raw essence of these industries into consumer-ready splendor. At the core, Patrick Industries functions like a knowledgeable curator, keenly aware of the pulse and flow of industry demand. Their business model thrives on understanding the nuanced requirements of various sectors, whether it's creating the perfect countertop for an RV or crafting elegant cabinetry for a leisure yacht. By operating manufacturing facilities complemented by an adept distribution arm, Patrick Industries orchestrates a symphony of logistics and production, ensuring their tailored products reach customers swiftly and efficiently. Through their vertically integrated operations, the company not only solidifies its market presence but continually enhances its ability to generate revenue and remain a frontrunner in supplying high-demand, specialized components that are key to modern leisure lifestyle experiences.

See Also
What is Patrick Industries Inc's Operating Income?
Operating Income
258m
USD
Based on the financial report for Dec 31, 2024, Patrick Industries Inc's Operating Income amounts to 258m USD.
What is Patrick Industries Inc's Operating Income growth rate?
Operating Income CAGR 10Y
17%
Over the last year, the Operating Income growth was -1%. The average annual Operating Income growth rates for Patrick Industries Inc have been -10% over the past three years , 11% over the past five years , and 17% over the past ten years .